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Chicago Multifamily Property Sold For $1.04M With Buyer's Rep Bryan Eugenio & Seller's Rep Karen Ranquist

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SOLD
$1,040,000

Illinois

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MultiFamily
Sold 01/12/2024
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Property Image
SOLD

Chicago Multifamily Property Sold For $1.04M With Buyer's Rep Bryan Eugenio & Seller's Rep Karen Ranquist

2014 North Oakley Avenue

See Similar Deals
MultiFamily
Sold 01/12/2024
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Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

In Chicago, a multifamily property located at 2014 North Oakley Avenue was sold for $1,040,000. The transaction involved Bryan Eugenio of @properties Christie's International Real Estate representing the buyer and Karen Ranquist of Berkshire Hathaway HomeServices representing the seller.

Summary of transaction details:

The buyer's representative, Bryan Eugenio, from @properties Christie's International Real Estate, played a key role in the transaction. On the other hand, Karen Ranquist, representing Berkshire Hathaway HomeServices Chicago, represented the seller throughout the deal.

Players

Karen Ranquist
1 deal$1M volume(773) 447-6360
BROKER

Bryan Eugenio
Christie's International Real Estate
3 deals$3.4M volume(773) 294-0362
BROKER

Details

SOLD
IMAGE: Bryan Eugenio & Karen Ranquist DATE: 01/12/2024 ADDRESS: 2014 North Oakley Avenue MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Bryan Eugenio - @properties (@AtProperties) Christie's International Real Estate (@ChristiesRealEstate) SELLER'S REP: Karen Ranquist (@KarenRanquistGroup) (@KarenRanquist) - Berkshire Hathaway HomeServices Chicago (@BHHS_Chicago) SALE PRICE: $1,040,000 NOTE: In Chicago, the multifamily property at 2014 North Oakley Avenue was sold for $1,040,000. The transaction involved Bryan Eugenio of @properties Christie's International Real Estate as the buyer's representative and Karen Ranquist of Berkshire Hathaway HomeServices as the seller's representative.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$55,466.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,694.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,930.13
Annual Debt Service$59,161.57